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Introduction and Methodology

Tokemak - The Token Reactor is a DeFi liquidity protocol. Tokemak forms its liquidity pools with Token Reactors and Pair Reactors. It then deploys liquidity on DEXes including Uniswap, Sushiswap, Curve.

This analysis examines the Tokemak liquidity pools on Uniswap v2 and v3 and Sushiswap, with data obtained from Flipside Crypto's Ethereum schemata.

It looks at the size of these LPs by USD swap volume to determine the largest pools, and the actions that TOKE holders in these pools take.

Data Results

A query of the ethereum.core.dim_dex_liquidity_pools table reveals 8 TOKE liquidity pools on Uniswap and Sushiswap, with SUSHI, UNI, WETH, USDC, and CGT:

About

This analysis was created by catscatscode (Flipside, Twitter, catscatscode#3578 on Discord) on 22 June 2022 for Flipside Crypto's "Largest Tokemak DEX Pools" Tokemak bounty. This analysis represents the author's best effort at interpreting available data, but it is not financial advice.

Flipside data made it possible to view balances for Uniswap v3 pools thanks to a separate data table for this dex. However, these pools are later compared to the size of the remaining pools using swap USD volume as a proxy for pool size. As for Uniswap v3, the largest pool by balance is TOKE-WETH 10000-200:

A comparison of all 8 pools by swap volume reveals that TOKE-WETH Uniswap v2 and Sushiswap pools move the most USD in swaps:

To gain insight on the behavior of TOKE holders in top pools, we examined their daily activity, and the overall number of TOKE swaps they make:

The TOKE holders in these top 2 pools swap TOKE in more often than they swap TOKE out: